Colliers, as Exclusive Advisor to the Seller, is pleased to present the opportunity to acquire 35 Powell (the “Property”), an exceptional two-story plus lower level +/- 17,000 square foot flagship retail building situated at the gateway to Union Square.
Located at the iconic cable-car turnaround, 35 Powell is situated along the Powell Street retail corridor, historically capturing the highest sales per square foot for non luxury retail tenants in San Francisco. With a total of 41 feet of prime retail frontage along one of San Francisco’s most valuable retail destinations, the Property presents a very rare acquisition opportunity for an owner-user or investor who will capitalize on Union Square’s current and ongoing recovery as a world-class destination.
35 Powell is currently leased to Burger King and operated by a local franchisee who has owned and operated this location since the 1970’s. Ownership will consider a short to long-term leaseback at close of escrow.